by Hasan Nabulsi | Aug 1, 2019 2:50 pm | Sports Betting
While Penn National has agreed to partnerships with multiple online sports betting providers, Kambi will be the company’s exclusive sportsbook partner. Penn National was the first iGaming operator in the state of Pennsylvania. Each deal with Penn National is...
by Michael Molter | Jul 27, 2019 5:12 pm | Revenue
Every quarterly report has watched the country’s sports bettors cut the books’ margins. In launch months, no state has seen bettors keep over 90% of the handle. With New York and Arkansas having launched in July, this trend is likely to be broken with 2019 Q3....
by Michael Molter | Jul 20, 2019 9:07 pm | Revenue
Being that each state taxes sports betting at a different rate, a higher betting handle doesn’t always equate to more money for the state. New Jersey has collected the most sports betting tax revenue through 2019; however, Pennsylvania could surpass them with their...
by Michael Molter | Jul 17, 2019 10:52 am | Sports Betting
William Hill US has partnered with both Isle Casino properties, bringing their Iowa sports betting operations to four venues. The Iowa Racing and Gaming Commission (IRGC) must approve regulations and licenses before action can be taken. Sports betting regulations...
by Michael Molter | Jul 11, 2019 2:24 pm | Sports Betting
Betting action has surpassed $9 billion since May 2018 – when PASPA was repealed by the Supreme Court. Using the hold percentage from sportsbooks is the best indicator of sports bettors’ success. Sportsbooks have seen their hold percentages decrease in every financial...
